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The Role of Country of Origin and Chinese OFDI

In: Chinese International Investments

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  • Paz Estrella Tolentino

Abstract

China is currently the fourth largest home country of multinational corporations (MNCs) among developing economies, after Hong Kong, Singapore, and Taiwan. Its outward foreign direct investment (OFDI) stock accounted for around 3 percent of the OFDI stock of developing economies in 1990 and 2000, increasing to over 8 percent by 2009, when it reached almost US$230 billion (UNCTAD, 2010). The rapid growth, as well as the distinguishing features of new MNCs from China in recent years, set against a backdrop of the country’s strong economic performance, has intrigued the international business community.

Suggested Citation

  • Paz Estrella Tolentino, 2012. "The Role of Country of Origin and Chinese OFDI," Palgrave Macmillan Books, in: Ilan Alon & Marc Fetscherin & Philippe Gugler (ed.), Chinese International Investments, chapter 3, pages 54-80, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-36157-7_4
    DOI: 10.1057/9780230361577_4
    as

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